EU report: Bulgaria must accelerate energy transition and reduce dependence on Russian gas
According to a new report from the European Commission, Bulgaria has made notable progress in diversifying its energy mix but […]
Europe: TTF gas prices remain stable around €31–32/MWh as European demand and LNG growth slow
In late October 2025, TTF gas futures remained relatively stable, trading in the €31–32/MWh range. The completion of maintenance at
Region: SEE power prices ease in Week 44 as demand and renewables decline
During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly compared to Week 43, driven by milder
Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project
Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to
Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency
Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking
North Macedonia faces critically low hydropower reserves amid prolonged drought
Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data
North Macedonia: OKTA reports strong profit growth despite lower revenues in 2025
North Macedonian oil refinery OKTA, owned by Greece’s Hellenic Petroleum, reported a net profit of 7.3 million euros in the
Hungary boosts domestic oil production to record levels in bid for greater energy security
Hungary continues to rely heavily on imported oil, but the country is stepping up efforts to strengthen domestic production as
Bulgaria: President vetoes amendment requiring security agency approval for Lukoil asset sales
Bulgarian President Rumen Radev has vetoed a recently adopted amendment that would have required the State Agency for National Security
Europe: Brent oil and gas prices stable in late October as OPEC+ confirms production increase
Brent crude oil futures for the Front Month on the ICE exchange reached their weekly high of $65.62 per barrel
Europe: Electricity prices rose in late October amid lower wind and solar output, expected to ease in early November
In the last week of October, average electricity prices rose across all major European markets compared to the previous week.
Europe: Electricity demand declined in late October, expected to rise in early November
During the week of October 27, electricity demand declined across most major European markets compared to the previous week. Italy